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You own a 12-year, 3.7% annual coupon bond with $1,000 face value. If the yield to maturity is 3.5%, how much is it worth? Round

You own a 12-year, 3.7% annual coupon bond with $1,000 face value. If the yield to maturity is 3.5%, how much is it worth? Round to the nearest cent.

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